Thursday, July 11, 2013 4:38 am
Norwegian posts Q2 jump in sales, earnings
The Associated Press
The fast-growing budget airline says that profit for the quarter more than doubled over the past year to reach 197 million kroner ($32.4 million), while sales jumped 27 percent to reach 4 billion kroner ($660 million).
Norwegian said Thursday that it handled 5.5 million passengers in the three-month period and the load factor was 77 percent, up one percentage point from the second quarter in 2012.
The low-cost airline, which is based in a suburb of Oslo, mainly flies in Europe but in recent months has launched long-distance flights to North America and Southeast Asia.